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Convex End-to-End returns for 39th year with expanded charity support

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Convex End-to-End returns for 39th year with expanded charity support

Nine organisations to benefit as annual island-wide event

The 39th annual Convex End-to-End is set to return on Saturday, May 2, bringing together Bermuda’s community once again in support of local charities, with organisers promising an inclusive event designed for participants of all ages and abilities.

Registration is now open online at bermudaendtoend.bm. Volunteers are also being encouraged to sign up as road marshals ahead of the island-wide fundraiser.

This year, the event will support nine local charities, broadening its community impact, according to organisers.

Four organisations – Coalition for the Protection of Children, Dementia Bermuda, Knowledge Quest Ltd, and SkillCraft Bermuda – will each receive major grants of $50,000. A further five groups – Care Learning Centre, It Takes a Village, Bermuda Optimist Dinghy Association, Performance Pathways and Future Leaders Bermuda – will each benefit $10,000 from contributions.

Christen Styche, End-to-End Board Chair, said the expansion reflects the event’s continued growth.

“The End-to-End continues to grow alongside our community. By broadening our support this year, we’re able to make a meaningful difference across a wider range of organisations. Every step taken and every dollar raised helps strengthen these vital programmes,” she said.

Participants who raise funds will also be eligible for prizes, with a particular push to involve young people. Students can take part through their schools, with the $15,000 Deloitte Top School Prize awarded to the leading school, alongside the Butterfield Young Striders initiative aimed at increasing public school participation.

The event offers multiple route options, including the full 24.1-mile End-to-End challenge, the 14-mile Middle-to-End, and a 3-mile Fun Walk & Cycle geared towards families and first-time participants. More experienced athletes can attempt the End-to-End-to-End cycling route, which spans the island twice in a single day. Rowers and sailors will also be able to take part via water-based routes.

Ms Styche said the event’s appeal lies in its ability to unite the community.

“Each year, we see schools, corporate teams and community groups come together, alongside rowers, cyclists and walkers of all ages. However you choose to take part, you’ll be helping to support causes that make a meaningful difference to the Bermuda community,” she said.

All routes will conclude at the Victualling Yard in Dockyard, where participants will be welcomed with an End Zone celebration featuring entertainment, refreshments and activities.

Further details, including route maps, start times and transportation information, are available in the official event programme online.

Participants can also visit the Convex End-to-End Event Office, located at the Sunglass and Watch Shop on Reid Street, from April 27 to May 1 to collect race numbers, T-shirts and goodie bags. Extended hours will be in effect on April 29.

Marvell shares gain on report of deal talks with Google to develop two AI chips

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Marvell shares gain on report of deal talks with Google to develop two AI chips

The potential deal could involve two distinct chips: a memory processing unit to complement Google’s tensor processing unit and a new TPU built for running AI models

International News via Reuters:

Marvell Technology’s shares jumped 7% in premarket trading on Monday following a report that Alphabet’s Google is in talks with the chip designer to develop two new chips aimed at running AI models more efficiently.

The potential deal could involve two distinct chips: a memory processing unit to complement Google’s tensor processing unit and a new TPU built for running AI models, The Information reported on Sunday, citing two people with direct knowledge of the discussions.

Big Tech such as Google and Facebook-parent Meta are moving fast to reduce dependence on external chip suppliers by expanding their custom chip efforts.

Google deploys TPUs for training AI models and to respond to user queries, a process known as inferencing, and works with Broadcom to design its chips.

The report signals that Google might be looking to diversify from Broadcom amid surging demand for its chips as businesses seek alternatives to Nvidia’s pricey chips.

Google and Marvell did not immediately respond to Reuters requests for comment.

AI lab Anthropic uses a range of chips, including TPUs designed by Google, to develop and run its AI software and chatbot Claude.

Last week, Meta extended its deal with Broadcom to produce several generations of custom AI processors. The social media giant paid Broadcom $2.3 billion last year for AI chip design and related services.

Both Marvell and its larger rival Broadcom help clients with designing chips, as growing adoption of AI tools boost demand for specialized processors used in advanced data centers powering AI workloads.

Marvell trades at 33.35 times the estimates of its earnings for the next 12 months, compared with 27.84 for Broadcom.

Average stock rating of 44 analysts covering Marvell is “buy” and their median price target is $125, according to data compiled by LSEG.

Marvell is set to add more than $9 billion in its market value of $122.15 billion, if the premarket gains hold.

Reporting by Jaspreet Singh in Bengaluru; Editing by Arun Koyyur

Shipping traffic remains at virtual standstill through Hormuz, data shows

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Shipping traffic remains at virtual standstill through Hormuz, data shows

The oil products tanker Nero, which is under British sanctions for Russian oil activities, left the Gulf and was sailing through the Strait

FILE PHOTO: Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the U.S.-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. REUTERS/Stringer/File Photo

International News via Reuters:

Shipping traffic through the Strait of Hormuz remained at a virtual standstill on Monday with just three crossings in the space of 12 hours, according to shipping data.

The oil products tanker Nero, which is under British sanctions for Russian oil activities, left the Gulf and was sailing through the Strait, according to satellite analysis from data analytics specialists SynMax and tracking data from the Kpler platform.

Two other ships – a chemical tanker and a liquefied petroleum gas (LPG) tanker – sailed into the Gulf through the critical waterway separately on Monday, the data showed.

The LPG tanker, Axon I, was under separate U.S. sanctions for Iran trading activities.

A ceasefire between the United States and Iran appeared in jeopardy on Monday after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade and Tehran vowed to retaliate, refusing for now to join new peace talks.

“Recent weeks have brought several false starts, and although some form of resolution is likely at some point, the timing of any durable breakthrough remains highly uncertain,” ship broker Clarksons said in a note on Monday.

Reporting by Jonathan Saul and Nerijus Adomaitis; Editing by Kevin Liffey

Oil prices rise 5% on fears of US-Iran ceasefire collapse

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Oil prices rise 5% on fears of US-Iran ceasefire collapse

Brent crude futures advanced $4.19, or 4.6%, to $94.57 a barrel by 1027 GMT and U.S. West Texas Intermediate was up $4.60, or 5.5%, at $88.45

International News via Reuters:

Oil prices jumped around 5% in early Monday trading on fears that the ceasefire between the United States and Iran could collapse after the U.S. seized an Iranian cargo ship and traffic through the Strait of Hormuz remained largely halted.

Brent crude futures advanced $4.19, or 4.6%, to $94.57 a barrel by 1027 GMT and U.S. West Texas Intermediate was up $4.60, or 5.5%, at $88.45.

Both contracts tumbled by 9% on Friday, their largest daily declines since April 18, after Iran said that passage for all commercial vessels through the Strait of Hormuz was open for the remainder of the ceasefire. 

U.S. President Donald Trump, meanwhile, said that Iran had agreed never again to close the strait through which about a fifth of the world’s oil supply passed before the war began almost two months ago.

“Within 24 hours of Friday’s ‘completely open’ announcement, there were already tankers that were fired upon by the Islamic Revolutionary Guard Corps (IRGC),” said Sparta Commodities analyst June Goh.

“Market fundamentals are getting worse, as 10-11 million barrels per day of crude oil remains shut in,” Goh added, referring to losses in oil production.

The United States said on Sunday that it had seized an Iranian cargo ship that tried to break through its blockade while Iran said it would retaliate, heightening fears of a resumption in hostilities.

Tehran also said it would not participate in a second round of negotiations that the U.S. had hoped to start before the two-week ceasefire expires this week.

“The financial market is trading negotiations, improvements and resolution while at the same time the physical market is deteriorating day by day,” said SEB Research analyst Bjarne Schieldrop. “Physical oil flows remain constrained by disrupted flows, longer voyage times and elevated freight and insurance costs.”  

Shipping traffic through the Strait of Hormuz remained at a virtual standstill on Monday, with only three crossings in the past 12 hours, shipping data showed.

More than 20 ships passed through the strait on Saturday, carrying oil, liquefied petroleum gas, metals and fertilisers, Kpler data showed. That was the highest number of vessels crossing the waterway since March 1.

Reporting by Stephanie Kelly in London and Florence Tan and Siyi Liu in SingaporeEditing by David Goodman

UK foreign minister Cooper cuts short diplomatic tour

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UK foreign minister Cooper cuts short diplomatic tour

Cooper’s department is at the centre of a new crisis over Peter Mandelson’s appointment as Britain’s ambassador to the United States

International News via Reuters:

British foreign minister Yvette Cooper will cut short an intensive diplomatic tour designed to build consensus around making a ceasefire in the Iran war permanent and on the next steps to reopen the Strait of Hormuz.

Cooper’s department is at the centre of a new crisis over Peter Mandelson’s appointment as Britain’s ambassador to the United States, after the government last week said foreign office officials had overruled a recommendation that he should not be given the role.

That revelation led to new calls from political opponents for Prime Minister Keir Starmer to resign. Starmer says he was not told of the initial vetting recommendation and is due to speak to parliament on the matter later on Monday.

Against that backdrop, Cooper will return to London early from the Japan leg of her trip after meetings on Monday, cancelling a scheduled speech in Tokyo on Tuesday and skipping a planned return to the Gulf.

The foreign office did not give a reason for the change to her itinerary.

Cooper has been on the road since last week, meeting allies in Paris, Antalya, Dubai and Tokyo.

The top official in her department, Olly Robbins, was sacked last week after Starmer and Cooper lost confidence in him over what Downing Street said was his decision to overturn the vetting recommendation that Mandelson should not be cleared.

Robbins is expected to appear before a parliamentary committee on Tuesday. That comes after allies spoke out publicly to say he had been treated harshly by ministers.

Reporting by William James in London and Tim Kelly in Tokyo, editing by Elizabeth Piper and Hugh Lawson

UK consumer morale slides to lowest since mid-2023, surveys show

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UK consumer morale slides to lowest since mid-2023, surveys show

Inflation in Britain – already the highest among the Group of Seven advanced economies – looks set to rise further

International News via Reuters:

British consumer morale last month hit its lowest level since mid-2023, according to two surveys on Monday, reflecting the impact of the conflict in the Middle East.

Inflation in Britain – already the highest among the Group of Seven advanced economies – looks set to rise further, and investors consider the country is especially exposed to the energy price surge that followed U.S.-Israeli attacks on Iran that began at the end of February.

Data company S&P Global said its consumer sentiment index fell to 42.3 from 44.1, a 33-month low, while accountants Deloitte said its quarterly gauge of confidence sank to its lowest since the third quarter of 2023.

Both reported a deterioration of morale around household finances and job security. 

IRAN VOWS RETALIATION AFTER SHIP SEIZED

Concerns grew on Monday that the ceasefire between the United States and Iran might collapse after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade and Iran said it would retaliate.

“Many (consumers) were already facing a squeeze on their household budgets at the start of the year with the slowing of wage growth and a cooling jobs market,” said Céline Fenech, consumer insight lead at Deloitte UK.

“For consumer sentiment and spending to improve, households will want to see a more certain outlook for the economy.”

The housing market has also shown signs of weakening.

Separate data from online property portal Rightmove showed asking prices for British homes rose by 0.8% month-on-month in April, a smaller-than-usual increase when activity often increases.

“With mortgage rates remaining elevated due to the war in Iran, it’s not a surprise that price growth is proving strongest in parts of the market less exposed to higher borrowing costs, such as top-of-the-ladder homes, while sectors more exposed to interest rates are seeing slower momentum,” said Colleen Babcock, property expert at Rightmove.

S&P Global said more than half of households expect the Bank of England will raise interest rates. BoE Governor Andrew Bailey had said earlier this month that investors were getting ahead of themselves by pricing in interest rate hikes.

Reporting by Andy Bruce; editing by Barbara Lewis

Ceasefire at risk after US seizes Iranian ship, Iran shuns peace talks

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Ceasefire at risk after US seizes Iranian ship, Iran shuns peace talks

Iranian Foreign Ministry spokesman Esmaeil Baghaei said Washington has shown it was “not serious” about pursuing the diplomatic process and Tehran would not change its clearly stated demands

A view of Iranian-flagged cargo ship M/V Touska as the U.S. Navy Arleigh Burke-class Aegis guided missile destroyer USS Spruance conducts its interception in a location given as the north Arabian Sea, in this screen capture from a video released April 19, 2026. CENTCOM/Handout via REUTERS

International News via Reuters:

A ceasefire between the United States and Iran appeared in jeopardy on Monday after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade and Tehran vowed to retaliate, refusing for now to join new peace talks.

Iranian Foreign Ministry spokesman Esmaeil Baghaei said Washington has shown it was “not serious” about pursuing the diplomatic process and Tehran would not change its clearly stated demands, adding that it did not believe in deadlines or ultimatums when safeguarding national interests.

The U.S. had hoped to start negotiations in Pakistan shortly before the two-week ceasefire expires, with sweeping security preparations under way in Islamabad, but Baghaei said the U.S. was “insisting on some unreasonable and unrealistic positions”.

A senior Iranian source told Reuters the continuation of the U.S. blockade on Iranian ports was undermining the prospect of peace talks, and Tehran’s “defensive capabilities”, including its missile programme, were not open to negotiation.

A Pakistani security source said Pakistan’s key mediator, Field Marshal Asim Munir, had told U.S. President Donald Trump the blockade was an obstacle to talks, and that Trump had replied that he would consider the advice.

U.S. MARINES BOARD IRANIAN VESSEL

The U.S. has maintained a blockade of Iranian ports, while Iran has lifted and then reimposed its own blockade on marine traffic passing through the Strait of Hormuz, which typically handles roughly one-fifth of the world’s oil and liquefied gas supply.

Oil prices rose more than 6% and stock markets wobbled as traders fretted that the ceasefire would collapse and traffic in and out of the Gulf would remain at a bare minimum. [O/R]

The U.S. military said it had fired on an Iranian-flagged cargo ship headed towards Iran’s Bandar Abbas port on Sunday after a six-hour standoff, disabling its engines. U.S. Central Command released video showing Marines descending ropes from helicopters onto the vessel.

Iran’s military said the ship had been travelling from China and accused the U.S. of “armed piracy”, according to state media. They said they were ready to confront U.S. forces over the “blatant aggression”, but were constrained by the presence of crew members’ families on board.

China expressed concern over the “forced interception”, and a Chinese foreign ministry spokesperson urged relevant parties to abide by the ceasefire agreement in a responsible manner.

Tehran refused new peace talks for now, citing the ongoing blockade, threatening rhetoric, and Washington’s shifting positions and “excessive demands”.

“One cannot restrict Iran’s oil exports while expecting free security for others,” First Vice President Mohammadreza Aref wrote on social media. “The choice is clear: either a free oil market for all, or the risk of significant costs for everyone.”

Trump earlier warned that the U.S. would destroy every bridge and power plant in Iran if it rejected his terms, continuing a recent pattern of such threats.

Iran has said that if the United States were to attack its civilian infrastructure, it would strike power stations and desalination plants in its Gulf Arab neighbours.

PREPARING FOR TALKS THAT MIGHT NOT HAPPEN

Trump said his envoys would arrive in Islamabad on Monday evening, one day before the two-week ceasefire ends.

A White House official told Reuters the U.S. delegation would be headed by Vice President JD Vance, who led the U.S. delegation to the first round of talks a week ago, and also include Trump’s envoy Steve Witkoff and son-in-law Jared Kushner. But Trump told ABC News and MS Now that Vance would not go.

Pakistan, which has served as the main mediator, was still gearing up for the talks.

Nearly 20,000 police, paramilitary and army personnel have been deployed across the capital Islamabad, a government and a security official said.

Iran’s parliament speaker, Mohammad Baqer Qalibaf, who has led Iran’s side in the talks, said on Saturday the two sides had made progress but were still far apart on nuclear issues and the Strait.

European allies, repeatedly criticised by Trump for not aiding his war effort, worry that Washington’s negotiating team is pushing for a swift, superficial deal that would require months or years of technically complex follow‑on talks.

Now in its eighth week, the war has created the most severe shock to global energy supplies in history, sending oil prices surging because of the de facto closure of the strait.

Thousands of people have been killed by U.S.-Israeli strikes on Iran and in an Israeli invasion of Lebanon conducted in parallel since the war began on February 28, where a truce is also currently in place.

Iran responded to the attacks with missiles and drones against Israel and nearby Arab countries that host U.S. bases.

Reporting Reuters bureaus; Writing by Andy Sullivan and John Geddie; Editing by Lincoln Feast, Alexandra Hudson

Sterling dips as U.S.-Iran peace talks falter

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Sterling dips as U.S.-Iran peace talks falter

Market participants were also keeping an eye on UK assets as British Prime Minister Sir Keir Starmer prepared to address parliament as he faces calls to resign

International News via Reuters:

The pound slipped on Monday after tensions between the U.S. and Iran rose sharply over the weekend, raising the prospect that a two-week ceasefire might collapse and pushing investors towards the safe-haven U.S. dollar.

Market participants were also keeping an eye on UK assets as British Prime Minister Sir Keir Starmer prepared to address parliament as he faces calls to resign after it emerged former U.S. ambassador Peter Mandelson had failed a vetting process.

The pound was last down 0.1% at $1.3503 as the dollar rose. The euro was 0.1% higher against the pound at 87.10 pence.

The U.S. currency rose as stocks fell and oil prices climbed after Iran said it would not participate in a second round of negotiations.

Tensions were running high after the U.S. said it had seized an Iranian cargo ship that tried to run its blockade of the Strait of Hormuz.

“Fresh worries are percolating about the fragility of the Iran ceasefire, sending oil prices higher and keeping investors on edge,” said Susannah Streeter, chief investment strategist at Wealth Club. 

The pound was not too far off Friday’s two-month high of $1.3599, however, reflecting market optimism that the worst of the Iran conflict is over.

Sterling has climbed 2% this month, after falling 1.9% in April, as hopes of a ceasefire deal have caused investors to sell the dollar.

Yet the pound could fall if Starmer is ousted due to the latest scandal over Mandelson’s appointment as U.S. ambassador, which was ignited over the latter’s close ties to convicted paedophile Jeffrey Epstein.

On Thursday, The Guardian reported that Mandelson had failed a security vetting process, heaping further pressure on Starmer.

“This will be a tough session for PM Starmer and one which will extend into tomorrow, when the top civil servant involved in the approval process also appears at a parliamentary hearing,” said Chris Turner, global head of markets at ING.

“GBP/USD could well hand back a big chunk of recent gains this week.”

Some investors say Starmer’s replacement could lead Labour policies further to the left, increasing government borrowing.

Reporting by Harry Robertson; Editing by Sharon Singleton

Promotion Party for Trott as Cardiff Secure Championship Return

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Promotion Party for Trott as Cardiff Secure Championship Return

Nathan Trott and Cardiff City are heading back to the Championship after a clinical 3-1 away victory over Reading secured their return to English football’s second tier.

The Bluebirds arrived at the Select Car Leasing Stadium knowing only a win would guarantee promotion. Trott, a mainstay in goal throughout the campaign, delivered a disciplined performance to help spark jubilant scenes among the traveling support. The result ensures the Welsh side’s stay in League One is a short-lived one, bouncing back at the first time of asking.

The drama extended across the English pyramid for Bermuda’s overseas contingent. In League Two, veteran forward Nahki Wells proved his worth from the bench, providing the spark for Luton Town to claw back a 2-2 draw at Mansfield. Meanwhile, in the National League North, Keziah Martin was instrumental as Hereford dismantled Radcliffe 3-1, while Kane Crichlow helped Chelmsford City to a 2-0 road win over Chesham United.

It was a day of stalemates elsewhere, including a notable “Bermuda Derby” where Zhani Burgess’s Quorn FC and Reggie Lambe’s Needham Market shared the spoils in a 2-2 draw. Willie Clemons (Leiston), Milan Butterfield (Halesowen), and Ajani Burchall (Wimborne) all earned points in their respective battles.

The season ended on a high for Roger Lee, whose West Bridge FC edged Ayleal Dill’s Southwell City 3-2 in a five-goal thriller, while Coolridge Fubler’s Binfield suffered a narrow 1-0 defeat. With Trott leading the way, it remains a landmark weekend for Bermudian talent abroad.

Bermuda storms back from 3-0 down to 5-3 win over Grenada

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Bermuda storms back from 3-0 down to 5-3 win over Grenada

Keunna Dill nets 4 in Team Bermuda’s stunning comeback victory over Grenada

There may have been only bragging rights on the line, but Grenada came out firing.

The visitors struck in the fourth minute and nearly doubled their lead in the 13th, only to miss from the penalty spot. They quickly made amends, scoring twice more in the 21st and 24th minutes to surge into a commanding 3-0 lead and leave Bermuda reeling.

But the Lady Gombey Warriors refused to fold.

Keunna Dill ignited the comeback in the 38th minute, finishing from close range into the top left corner after a setup from Eva Frazzoni. With momentum shifting, Dill struck again deep into first-half stoppage time, converting from the centre of the box after an assist from Jya Ratteray-Smith to cut the deficit to 3-2.

Bermuda carried that energy into the second half—and took control.

Dill completed her hat-trick in the 56th minute to level the score at 3-3, capping a remarkable turnaround. The decisive moment came in the 82nd minute when a handball by Grenada’s Jezelle Melo handed Bermuda a free kick. Kenni Thompson made it count, curling a left-footed strike into the bottom corner to give Bermuda the lead for the first time.

Dill then put the result beyond doubt in the 90th minute, scoring her fourth of the match with a stunning long-range effort from a tight angle, assisted by Khyla Brangman following a corner.

From 3-0 down to 5-3, Bermuda delivered a thrilling comeback to cap an unforgettable performance.

Football: Dill Double Sparks Bermuda Fightback

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Football: Dill Double Sparks Bermuda Fightback

From 3-0 Down to Game On: Bermuda Roar Back Against Grenada

There may only be bragging rights to play for—but Grenada came out firing.

The visitors struck early, opening the scoring in just the fourth minute. They nearly doubled their advantage in the 13th, but a missed penalty kept Bermuda within reach. Grenada didn’t let up, however, finding the net again in the 21st and 24th minutes to surge into a commanding 3-0 lead.

At that point, Bermuda looked in serious trouble.

But the Lady Gombey Warriors responded with resilience. Keunna Dill pulled one back in the 38th minute, sparking life into the home side. With momentum shifting, Dill struck again deep into first-half stoppage time, cutting the deficit to 3-2 and setting up a thrilling second half.

An action-packed opening 45 minutes left everything to play for.

BELCO Backs Youth Football as Title Sponsor of 14th Annual Kappa Classic

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BELCO Backs Youth Football as Title Sponsor of 14th Annual Kappa Classic

Bermuda Electric Light Company Limited (BELCO) has been named the title sponsor of the 14th Annual Kappa Classic, reinforcing its ongoing commitment to youth development through its Giveback Programme.

The Kappa Classic, recognised as the island’s largest youth spectator event and premier youth football tournament, will run from April 16 to 19 at the Bermuda National Sports Centre. The event is organised and hosted by the Brothers of Kappa Alpha Psi Incorporated, who are guided by the principle of “Achievement in Every Field of Human Endeavour.”

BELCO says its support reflects a long-standing tradition of investing in Bermuda’s young people, particularly through initiatives that promote teamwork, discipline and personal growth. The company noted that football, deeply embedded in Bermuda’s culture, mirrors many of the values upheld within its own organisation, including unity, adaptability and skill.

BELCO President Wayne Caines said the company is proud to play a role in one of the island’s most anticipated youth sporting events.

“Our entire team at BELCO is proud to support the 14th annual Kappa Classic,” he said. “We are excited to see the young men and women compete in their respective categories, and we know that teams have trained hard all year for this event, which represents the culmination of tremendous club and community efforts.”

Mr Caines added that sport continues to play a critical role in shaping Bermuda’s future leaders.

“We believe in Bermuda and we believe that sport is an important part of the development of our young people. We are looking forward to an amazing five days of brilliant football. This is the best of who we are, and well done to the Brothers of Kappa Alpha Psi Incorporated,” he said.

He continued: “We are committed to investing in the leaders of tomorrow, ensuring they are equipped with the skills required to move Bermuda forward. I wish all the young footballers good luck, to have fun, and I look forward to watching our future leaders in action.”

The tournament is expected to draw large crowds, showcasing top youth talent from across the island while reinforcing the importance of sport as a unifying force within the community. More information on the event is available at kappaclassic.com.

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